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Become An Accounting Officer

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Working As An Accounting Officer

  • Making Decisions and Solving Problems
  • Getting Information
  • Analyzing Data or Information
  • Processing Information
  • Communicating with Supervisors, Peers, or Subordinates

  • Deal with People

  • Mostly Sitting

  • Make Decisions

  • $139,520

    Average Salary

What Does An Accounting Officer Do At Robert Half

* Accounting / Reporting Perform accounting and reporting on direct alternative investments including set up and accounting for complex multi-tier investment entities.
* Prepare monthly, quarterly and annual portfolio level consolidated financial statements and other client reporting.
* Responsible for oversight of property level accounting and coordination of client equity contributions and distributions.
* Perform intensive review of monthly property level reports.
* Coordinate and insure completion of annual audits by required deadlines.
* Assist in design and implementation of internal audit practices and procedures.
* Financial Analysis / Special Projects Calculate and analyze performance returns, advisor incentive fees, and acquisition / disposition fees on real estate investments.
* Assist other departments with the acquisition and disposition of assets.
* Analyze cash flow projections and budget variances

What Does An Accounting Officer Do At Harborone Bank

* Supervises staff accountants.
* Oversee accounts payable process ensuring invoices are processed timely and recorded accurately and manage year-end processing, including 1099 reporting.
* Manage fixed assets and prepaids process, ensuring accuracy of sub-records and compliance with policies and capital approval process.
* Supervise the monthly reconciliation process and approve monthly reconciliation reports.
* COMPLIANCE: Maintain an excellent understanding of applicable regulations and laws, including but not limited to; Bank Secrecy Act; and Privacy.
* Maintain an up to date understanding of bank policies and procedures as they relate to compliance.
* Complete appropriate compliance training

What Does An Accounting Officer Do At Randstad

* Include the following.
* Other duties may be assigned.
* Supervise a team of staff accountants.
* Responsible for daily, month-end, quarterly and annual reporting; including management reports, FDIC call report, Federal Reserve reporting and various SEC filings.
* Ensure timely and accurate month-end closings, including variance analysis, accurate accruals, yields key reconciliations, taxes and eliminations/consolidations.
* Ensure financial statements and general ledgers comply with GAAP and accounting policies.
* Design and implement reports, including supporting work papers and related controls.
* Responsible for allowance for loan loss calculation, including quarterly detailed analysis and narrative, preparation of all financial reporting for loans and leases including SEC disclosures and monthly and quarterly internal reporting.
* Manage the accounting aspects of specialized accounting topics such as derivatives, mortgage servicing rights and OREO

What Does An Accounting Officer Do At Federal Home Loan Bank of Des Moines

* Direct and oversee the Accounting Department's design, development, implementation and maintenance of the Bank’s investments and derivatives accounting, general accounting, budgeting function, and accounting policies and procedures in compliance with GAAP, SEC rules and regulations, FHFA regulations and directives, and OF instructions.
* Directand oversee the timely and accurate preparation, interpretation, analysis and disclosure of financial information and reports for needed constituencies, including internal customers, regulators (FHFA, SEC), and the Board.
* Direct and oversee the Accounting department SOX and operational control structure to ensure accurate reporting and disclosures.
* Lead and manage an effective, efficient, and well controlled accounting close process, including compliance with SOX requirements.
* Act as co-liaison to the Audit Committee.
* Prepare materials and present the Bank’s financial performance to the Board of Directors and the Finance and Planning Committee of the Board.
* Effectively manage and develop team members through communication, feedback, coaching and performance evaluation
* Supports the Office of Women and Minority initiative
* Act as point of contact for external auditors and regulatory exam teams as it relates to accounting issues.
* Participate in and work collaboratively with other CAO’s and Controllers with the FHLBank System.
* Provide leadership within the Bank and serve as a member of the various Management Committees as assigned.
* Manage departmental internal controls and regulatory issues
* Partner with other members of Management of the Bank to improve efficiency, effectiveness, and productivity
* Other duties and projects as assigned

What Does An Accounting Officer Do At State Street

* Supervise and oversee the day to day activities of global Accounting team.
* Develop procedures to handle existing and new business requirements.
* Manage controls and monitor the decisions of off shore staff to ensure consistent service and adherence to procedures to minimize risk.
* Ensure sufficient controls and procedures are in place to provide the best possible service.
* Interact directly with broker custodian investment manager and internal personnel to research exceptions identified via a reconciliation process and achieve resolution.
* Manage the operations to produce a superior product and provide service excellence to internal and external clients’ inquiries and ad hoc requests.
* Coordinate special projects and ad hoc reports.
* Assist in various aspects of technology enhancements.
* Serve as lead for department in presentations or for projects.
* Propose and work to implement workflow changes and support technical solutions leading to improved productivity and profitability.
* Manage relationships at all levels of the department to serve as an advocate between the staff and more senior management.
* Effectively communicate corporate and divisional initiatives to the off shore teams to ensure concrete and measurable action is taken within the unit.
* Initiate projects and improvements to meet client and business needs and improve processes bringing together other business units when appropriate.
* During the course of normal day to day operation be responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures

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How To Become An Accounting Officer

Financial managers typically have a bachelor’s degree and 5 years or more of experience in another business or financial occupation, such as an accountant, securities sales agent, or financial analyst.

Education

A bachelor's degree in finance, accounting, economics, or business administration is often the minimum education needed for financial managers. However, many employers now seek candidates with a master’s degree, preferably in business administration, finance, or economics. These academic programs help students develop analytical skills and learn financial analysis methods and software.

Licenses, Certifications, and Registrations

Professional certification is not required, but some financial managers still get it to demonstrate a level of competence. The CFA Institute confers the Chartered Financial Analyst (CFA) certification to investment professionals who have at least a bachelor’s degree, 4 years of work experience, and pass three exams. The Association for Financial Professionals confers the Certified Treasury Professional credential to those who pass an exam and have a minimum of 2 years of relevant experience.

Work Experience in a Related Occupation

Financial managers usually have experience in another business or financial occupation. For example, they may have worked as a loan officer, accountant, securities sales agent, or financial analyst. 

In some cases, companies provide formal management training programs to help prepare highly motivated and skilled financial workers to become financial managers.

Important Qualities

Analytical skills. Financial managers increasingly are assisting executives in making decisions that affect their organization, a task which requires analytical ability.

Communication skills. Excellent communication skills are essential because financial managers must explain and justify complex financial transactions.

Detail oriented. In preparing and analyzing reports such as balance sheets and income statements, financial managers must be precise and attentive to their work in order to avoid errors.

Math skills. Financial managers must be skilled in math, including algebra. An understanding of international finance and complex financial documents also is important.

Organizational skills. Financial managers deal with a range of information and documents and so they must stay organized to do their jobs effectively.

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Accounting Officer jobs

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Accounting Officer Demographics

Gender

  • Male

    52.1%

  • Female

    44.0%

  • Unknown

    3.9%

Ethnicity

  • White

    71.2%

  • Hispanic or Latino

    12.2%

  • Asian

    11.2%

  • Unknown

    3.3%

  • Black or African American

    2.0%
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Languages Spoken

  • Spanish

    40.7%

  • Mandarin

    9.3%

  • Chinese

    7.4%

  • French

    7.4%

  • Cantonese

    5.6%

  • German

    3.7%

  • Yoruba

    3.7%

  • Japanese

    3.7%

  • Korean

    3.7%

  • Arabic

    3.7%

  • Swahili

    1.9%

  • Filipino

    1.9%

  • Urdu

    1.9%

  • Tagalog

    1.9%

  • Afrikaans

    1.9%

  • Russian

    1.9%
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Real Accounting Officer Salaries

Job Title Company Location Start Date Salary
Chief Accounting Officer Heritage-Crystal Clean, LLC Elgin, IL Sep 21, 2011 $170,000
Chief Accounting Officer Torrance Care Center West, LLC Torrance, CA Sep 22, 2016 $160,000
Chief Accounting Officer Rollins Nelson LTC Corp Torrance, CA Sep 22, 2016 $160,000
Chief Accounting Officer The Torrance Care Center Torrance, CA Sep 22, 2016 $160,000
Chief Accounting Officer Heritage-Crystal Clean, LLC Elgin, IL Nov 01, 2009 $150,000
Chief Accounting Officer Outsource Partners International, Inc. New York, NY May 12, 2011 $135,000
Accounting Officer Thumbtack Technology LLC New York, NY Jun 09, 2016 $96,574 -
$108,118
Chief Accounting Officer CCG Investor Relations Inc. New York, NY Aug 20, 2013 $90,000
Chief Accounting Officer Western Dental Services, Inc. Orange, CA Apr 01, 2010 $83,480
Senior Grant Compliance and Accounting Officer Habitat for Humanity New York City, Inc. New York, NY Apr 09, 2011 $82,240
Chief Accounting Officer for Asian and Internation Innovation Works, Inc. Davie, FL Oct 01, 2011 $76,523
Accounting Officer Green Creative LLC South San Francisco, CA Feb 23, 2015 $75,000
Senior Accounting Officer Turkana Food, Inc. Kenilworth, NJ Sep 17, 2015 $71,000
Senior Accounting Officer Turkana Food Inc. Kenilworth, NJ Apr 27, 2016 $70,762
Accounting Officer Northeastern Conference of Seventh-Day Adventists NY May 21, 2010 $70,377
Accounting Officer Northeastern Conference of Seventh-Day Adventists NY May 28, 2010 $70,377
Accounting Officer Flow Traders Us LLC New York, NY Mar 05, 2015 $70,000
Chief Accounting Officer BLS International Services USA Inc. New York, NY May 05, 2014 $70,000
Senior Accounting Officer Turkana Food, Inc. Kenilworth, NJ Jul 09, 2016 $69,393
Senior Accounting Officer Turkana Food, Inc. Kenilworth, NJ Oct 08, 2016 $69,393
Accounting Officer Okey Enterprises Inc. New York, NY Oct 01, 2012 $54,784
Accounting Officer Victoria Productions Inc. New York, NY Oct 01, 2012 $54,784
Accounting Officer East West Hauling, Inc. Harrison, NJ Sep 17, 2015 $54,746
Accounting Officer Bedford Stuyvesant Restoration Corporation New York, NY Feb 19, 2015 $54,746
Accounting Officer Gogotech Ll, LLC New York, NY Sep 16, 2013 $54,642 -
$58,136
Accounting Officer/Supervisor CHB Infrastructure, Technology and Marketing Group Middleburg, VA Dec 01, 2011 $51,500
Accounting Officer/Supervisor CHB Infrastructure, Technology and Marketing Group Middleburg, VA Nov 01, 2011 $51,500
Accounting Officer JH Biotech Inc. CA Oct 01, 2011 $51,293

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Top Skills for An Accounting Officer

MonthlyFinancialStatementsExternalAuditorsPayrollEnsureComplianceGeneralLedgerAccountsIncomeStatementJournalEntriesBankReconciliationAssetGaapBalanceSheetDueDiligenceSOXOversightInternalAuditAnnualReportsAnnualBudgetFinancialAnalysisERPFinancialInformation

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Top Accounting Officer Skills

  1. Monthly Financial Statements
  2. External Auditors
  3. Payroll
You can check out examples of real life uses of top skills on resumes here:
  • Reviewed monthly financial statements prepared by the accounting department staff, before forwarding reports to financial partner.
  • Serve as a liaison with internal/external auditors in gathering financial information.
  • Cash management in excess of $5 million, payroll processing, and Human Resources Assistant.
  • Maintain extensive knowledge of generally accepted accounting principles and regulations to ensure compliance.
  • Reconcile various general ledger accounts.

Top Accounting Officer Employers

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